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Stock Trend Analysis Report
Prepared for you on Monday, September 16, 2024.
Fortune Rise Acquisition Corporation - Warrant (NASDAQ:FRLAW)
Sidelines Mode (+50) - FRLAW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until FRLAW can gain momentum.
Is it time to buy, sell, or avoid FRLAW?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRLAW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRLAW
The long-term trend has been DOWN since May 8th, 2024 at 0.0358
The intermediate-term trend has been UP since Sep 16th, 2024 at 0.0238
The short-term trend has been UP since Sep 16th, 2024 at 0.0273
Smart Scan Analysis for FRLAW
Based on our trend formula, FRLAW is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0260 | 0.0298 | 0.0260 | 0.0298 | +0.0072 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0226 | 2104 | 2024-09-16 10:14:00 |
| 52wk High | 0.08 | 52wk High Date | 2023-10-06 |
| 52wk Low | 0.0127 | 52wk Low Date | 2024-06-11 |
| Average Volume | 959 | Assets | 35,646,155M |
| Liabilities | 10,565,422M |